GE Security and Mitsubishi Corporation Partner up for Container Security

BRADENTON, Fla. & TOKYO - GE Security, Inc. and Mitsubishi Corporation
announced that Mitsubishi Corporation will exclusively
distribute GE Security's CommerceGuard container cargo solution in
Japan. Mitsubishi Corporation will market, distribute and support
CommerceGuard cargo security solutions, including hardware products and
arming codes, to Japanese terminal operators, ports, exporters, and
shipping companies. The agreement between GE Security and Mitsubishi
Corporation also contemplates the partnership may expand from Japan to
selected other geographies in Asia.

With this agreement, Mitsubishi Corporation becomes a shareholder in GE
CommerceGuard AB, a technology company responsible for the licensing and
commercialization of CommerceGuard technologies, solutions, and related
products. GE CommerceGuard AB was the former All Set Marine Security AB
and renamed when GE Security recently acquired all shares of All Set.

"This is an important relationship that will significantly increase the
commercial security of many of the 15-plus million ocean-going
containers, and at the same time help protect and facilitate the global
economy," said Randy Koch, General Manager of GE Security's Cargo
Security unit. "GE CommerceGuard is proven technology, and we are
pleased Mitsubishi has agreed to help bring this technology to the Asian
market."

"After studying the cargo container security field for over three years,
Mitsubishi Corporation concluded that CommerceGuard is the only solution
that meets the needs of today's worldwide shipping environment," said
Takashi Miyazaki, Unit Manager of Machinery New Business Initiative
Unit, Mitsubishi Corporation. "We are proud to be part of the GE
CommerceGuard team and to help with CommerceGuard's global deployment."

Under the terms of the agreement, GE Security will be the majority owner
of the GE CommerceGuard AB company with Mitsubishi Corporation taking
the lead for marketing and distributing CommerceGuard in Japan. The
agreement is currently in effect.

"This is the true internationalization of GE CommerceGuard," said Koch.
"Our goal is to help top companies immediately take advantage of the
security standards agreed to by the 166 member states of the World
Customs Organization, and help provide a path to what is envisioned as a
'global green lane' for their shipments."